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CRE loan distress: Spot the symptoms, diagnose, and treat problem loans

Abrigo

How to respond to CRE loan distress Use these tips for banks and credit unions to identify and handle commercial real estate loans that are showing signs of being problem CRE credits. Takeaway 2 Address early warning signs immediately so you don't risk liability that could lead to the financial institution losing the CRE loan's collateral.

Strategy 221
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Small banks: Big challenges and big opportunities

Abrigo

You might also like this on-demand webinar: "Problem loans: Identifying warning signs and management options" WATCH Takeaway 1 Executive leaders of small community financial institutions face complex issues, including declining deposits. Balance runoff is picking up speed, according to financial consulting firm Curinos.

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The top lending & credit risk blogs of the year

Abrigo

5 Big reasons to go digital with SMB & commercial lending Many financial institutions used a customer portal for PPP lending due to the sheer volume of customer loan requests and documents flowing to/from the bank and the customer. Abrigo's blog covered these and other subjects in 35 credit and lending-specific posts this year.

Lending 221
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Can fintechs enhance your bank’s marketing campaign?

Independent Banker

We asked several banking leaders how they’ve employed fintech to ramp up their marketing campaigns, hone their analytic strategies and gain new patrons in the process. Customized, well-thought-out interactions—especially in the online banking space—are integral to wooing new customers and retaining existing ones. By Katie Kuehner-Hebert.

Fintech 136
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Preparing your financial institution to manage loan workouts, loan modifications

Abrigo

Takeaway 1 Signs point to increased loan modifications and loan workouts, and regulators have urged financial institutions to work prudently with borrowers. . Takeaway 2 Meanwhile, banks and credit unions will likely see a beefed-up regulatory emphasis on credit risk management practices, especially tied to CRE. .

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How Lenders Are Affected by PPP Forgiveness Changes Passed by Congress

Abrigo

Eight weeks at the beginning of this PPP process may have seemed sufficient, but with states opening back up at various paces and staging and delays of the businesses openings referred to as non-essential, the longer covered period is a welcome update.’” 75%) of loan proceeds required to be spent on payroll.

Lending 195
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NEW REPORT: Giving Credit Unions Their Due Credit

PYMNTS

Is the credit union market ready for its close-up? It’s a market that is showing clear signs of growth. Another potential rule change is being considered in court, as the American Banker Association (ABA) is challenging the new membership rules of the NCUA, claiming the administration is overstepping the limits imposed by Congress.

Report 114